Egypt, Kuwait sign MoU to boost industrial export development

Egypt and Kuwait have strengthened their economic ties with the signing of a Memorandum of Understanding (MoU) aimed at advancing industrial export development. The agreement was finalised during the Egypt-Kuwait Joint High Committee meetings on Thursday in Cairo .
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, and Kuwait’s Foreign Minister, Abdullah Al-Yahya, signed the MoU, that emphasizes the importance of participation from both the public and private sectors in international and specialized exhibitions hosted by each nation.

The agreement outlines several key areas of collaboration, including the promotion of joint participation in informational and promotional activities, and the exchange of visits of delegations from various economic and industrial sectors. It also includes provisions for the exchange of economic and trade information, such as bulletins, statistics, and electronic data.

Attribution: Egyptian Cabinet

Subediting: M. S. Salama